It was illegal for U.S. citizens to hold most gold coins in the USA from 1933 to 1974.
It was briefly illegal to hold certain forms of private silver in the U.S. between August 9, 1934, and 1938.
During that time, one of my acquaintances that i bought from kept his gold in Canada.
Around 11% of Americans own physical gold and silver. It is a very wise choice, no matter how small the investment made.
Just commit to never selling for less than your purchase price. Too often, buyers sell at a loss due to… See More
fear/regret brought on by price fluctuations (such as those who recently bought silver at $120) rather than holding until profitable.
Selling at a profit without need can also be a mistake. I've sold $200 bars for $3,000. A nice return, however, those same bars are now worth $8,000.
It is also wise to consider some form of storage outside country before the need arises.
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